XRP Short Sellers Still in Control – Is a Break Below $0.50 Next?
May 5, 2025 – By [Sachanna]
XRP, the Ripple network’s native token, continues to struggle under bearish pressure as short sellers tighten their grip on the market. Despite brief bullish attempts to break above key resistance zones, XRP remains locked in a bearish trend, with many analysts now eyeing a key support level near $0.50—a psychological threshold that could lead to deep losses if broken.
Macro Picture: Legal Troubles and Regulatory Uncertainty.
Much of XRP’s prolonged bearish sentiment stems from prolonged regulatory uncertainty. While Ripple has achieved partial victories in its ongoing battle with the US Securities and Exchange Commission (SEC), invalidate the bearish setup and trigger a short squeeze—although this scenario currently appears unlikely.
